loudWaterEnjoyer

joined 1 year ago
[–] loudWaterEnjoyer@lemmy.dbzer0.com 2 points 5 months ago (7 children)

Thank you, can I subscribe to your newsletter or something?

If you remove it afterwards completely naked to install Debian Stable, everything is still on Track

[–] loudWaterEnjoyer@lemmy.dbzer0.com 2 points 5 months ago (4 children)

I'd suggest to remove it and install Debian Stable as a tactical next move.

Why am I hating open source?

Yeah I'm with you on that one, I was just pointing out what happened

[–] loudWaterEnjoyer@lemmy.dbzer0.com 1 points 5 months ago (1 children)
[–] loudWaterEnjoyer@lemmy.dbzer0.com -4 points 5 months ago (14 children)

You can't, that was probably his bet. He is petty because you pointed out nothing was happening which made you think it is dead, so he has to bring justice to his open source dev masters because they make the magic happen for free so being offended for them is something he can give back.

It's not about making profit with your loan, it's about not liquidating your hard assets which are not hit by inflation.

[–] loudWaterEnjoyer@lemmy.dbzer0.com 3 points 5 months ago (6 children)

No, you can take out huge loans over a year with putting stocks as collateral so its a low risk deal for the bank and have fixed interest rates if you pay back in the same year. If you are really rich you have access to "tools" which make participating in the financial market systematically easier.

[–] loudWaterEnjoyer@lemmy.dbzer0.com 8 points 5 months ago* (last edited 5 months ago) (19 children)

Really rich people are not affected as much by inflation as they take out loans to pay for their day-to-day life which is then paid back in the currency that is inflating, while it's paid with the interest they earn with company shares. Those shares are not directly hit by inflation like the loan is.

This lifestyle/procedure makes it easier to maintain your wealth compared to a regular person.

See in your example you say company value rose by 4% and inflation by 8% so they loose money, but that also means the company performed worse than before. Think of it like gold, when I have 1 ounce of gold and the dollar value sinks due to inflation, the value of my gold did not change, it's still one ounce of gold and if the gold price is not sinking for some reason, the cost/buying price of gold will most likely rise 8%, because the currency is worth 8% less but the value of gold staid the same.

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